Governor Pence Announces Plan to Fund North Central, Northeast & Southwest Indiana Regional Development Plans at $42 Million Each

Press Release

Governor Mike Pence and the Indiana Economic Development Corporation (IEDC) Board of Directors approved plans today to award $126 million to support regional development plans in North Central, Northeast and Southwest Indiana. Subject to legislative approval, each region will receive up to $42 million in state matching funds through the Indiana Regional Cities Initiative to implement their plans, which aim advance talent attraction through quality of place initiatives.

"As a destination for business, every day we see Indiana companies taking action to create new, quality jobs for hardworking Hoosiers, with more than 132,000 jobs added over the last two years," said Governor Pence. "Through the Indiana Regional Cities Initiative, we saw seven regions working in partnership to inspire and generate the development of long-term and dynamic plans that could provide the blueprints to transform our state."

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